Ardonagh maintains organic growth as losses shrink

illustration of money plant growing from the soil

Performance breakdown shows improved retention and new business figures.

Ardongah Group has posted ongoing organic growth in both its insurance broking and Autonet/Carole Nash divisions.

The analysis came as the broking giant delivered a near halving of losses to £48.9m for the first nine months of 2018.

And the breakdown of the figures for different units showed particular strength in the Autonet & Carole Nash section.

The numbers will be pleasing for the consolidator as this is where Swinton Group is likely to sit once the £165m takeover goes through creating a

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